by Arthur Geffen | May 16, 2018 | Dallas Probate Lawyer
The court, in a 6-3 ruling, struck down a federal law that required states to ban gambling on the outcome of sporting events. The Professional and Amateur Sports Protection Act was highly unusual: It did not ban sports gambling nationwide as a matter of federal law,...
by Arthur Geffen | May 16, 2018 | Charitable Gifts
The IRS launched a new tool on IRS.gov that gives taxpayers fast and easy access to information about exempt organizations. The new Tax Exempt Organization Search replaces the EO Select Check tool. Here are some things taxpayers will find when they use the new TEOS...
by Arthur Geffen | May 14, 2018 | Deductions, Income Tax, Pets
Here is a list of six potential tax deductions (or changes under the new law) for pet owners. ADVERTISEMENT 1. Business animals There may be deductions available for business animals if the animal lives at the trade or business. For example, dogs that work as a...
by Arthur Geffen | May 9, 2018 | Estate Planning, Estate Planning Solutions, Estate Tax
The major change to estate and gift taxes in the Tax Cuts and Jobs Act of 2017 is a doubling of the integrated estate and gift tax exemption to approximately $11.2 million1 for decedents dying and gifts made in 2018. A married couple has the benefit of two...
by Arthur Geffen | Apr 19, 2018 | IRS
The right to retain representation when dealing with the IRS is one of ten rights in the Taxpayer Bill of Rights. Taxpayers who interact with the IRS should be aware of their rights. The right to representation means: Taxpayers have the right to retain an authorized...
